DOGE Price Danger Zone: What Happens Next?

Dogecoin is again under scrutiny as it struggles to remain above critical support levels. With both the daily and hourly charts showing caution, traders are wondering—is DOGE about to collapse any further or are we near a reversal zone? Let's analyze. How is the price of Dogecoin really doing right now? At the time of writing, the DOGE price is hovering around $0.153, after dropping nearly 2% over the past 24 hours. This isn't just a minor retracement—it's part of a weeks-long downtrend that has pushed Dogecoin into compression territory, which is clearly visible on both daily and hourly timeframes.

On the daily chart, DOGE price is trading below all major moving averages—the 20, 50, 100, and 200 SMAs—forming a bearish straight line. The 200-day SMA, located at a much higher level at ~$0.26, shows how far buyers have slipped since February. Volumes are thinning and (ADL) Accumulation/Distribution Line has stagnated, suggesting money is not flowing in. Zooming in on the hourly chart, the situation doesn't look much better. DOGE price is constantly rejected from the 20-hour and 50-hour moving averages, with no convincing rebound. This shows that short-term selling pressure is prevailing and bullish momentum has not yet formed. What do charts really tell us? Daily chart analysis Trend: A strong downtrend, with no higher highs. MA Analysis: The price is lower than all SMAs; typical bearish trend. Volume/ADL: The ADL is flat, meaning weak consolidation. Support: The price is currently slightly above $0.150—psychological and historical support. Resistance levels: $0.162 (SMA 20 ngày) and $0.176 (SMA 50 ngày). Unless DOGE regains the 20-day SMA, any rally is likely to be short-lived. A close below $0.150 could drop to $0.138 or even $0.125 in the coming weeks.

Hourly chart signals Short-term trend: Lower highs, lower lows. Weak recovery efforts. MA band compression: The SMA band is tightly closed and slopes downward, confirming downward momentum. Immediate resistance level: $0.155 (20-HMA). Immediate support: Psychological line $0.150. If buyers fail to defend the $0.150 level on the hourly chart, we could see a jump to $0.145–$0.142, especially if volumes spike in the downside. Will DOGE recover by 2025? Not all are gloomy and pessimistic. Although technical factors are currently pessimistic, macro cycles and altcoin rotation trends suggest that the price of Dogecoin could catch up once Bitcoin stabilizes or rises again. For a bullish trend reversal, DOGE needs: A clear breakout above the $0.165 level, regaining the 20 and 50 SMAs.The increase in on-chain volume and ADL slope (vẫn equal to phẳng). The basic catalyst is like Musk's tweet or the wave of memecoin hype. Until then, DOGE remains in the swing zone with a downtrend. What should traders pay attention to? Dogecoin price is holding at a slim $0.150. If buyers want to take control, they need to break through $0.165 quickly. Until then, expect more bearish or sideways movements. Short-term risk: High (ngắn hạn) upside target: $0.165 – $0.176Downside risk: $0.145 – $0.138Long-term outlook (2025): Neutral to bullish (tùy depends on the recovery of the memecoin) How to trade DOGE now? Scalp traders: Watch for rallies near $0.150 with a tight stop loss. Scalper: Avoid entering until the price breaks out of $0.165 and stays the same. Holders: Only accumulate if DOGE regains the main moving average and the overall sentiment improves. Final Thoughts: Is this the calm before the Memecoin storm? Dogecoin's current price movement is textbook hesitation. If overall crypto sentiment turns optimistic, DOGE could become one of the fastest running coins in the memecoin space. But until then, pay attention to the $0.150 level—that's the level that separates hope from the fall.

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GateUser-83070f95vip
· 04-17 03:46
nonsense
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